Overview
What is Cmarc West Street Inc?
Cmarc West Street Inc is a nonprofit organization situated in Woburn, Massachusetts, dedicated to improving the lives of developmentally disabled individuals. Specifically, they operate a group home that accommodates five residents, providing them with affordable housing. While the details of their mission or activities beyond providing housing are not explicitly stated, it is clear that their focus is on offering support and care to this vulnerable group. The organization, with its essential work, contributes to the well-being of the community by ensuring that those with developmental disabilities have a safe and affordable place to call home.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94%
Cmarc West Street Inc has received a Four-Star out of Four Star rating from Charity Navigator, which signifies a strong level of accountability and financial health. The organization scored exceptionally well in various metrics, particularly in Accountability & Finance, where it achieved a perfect score in several key areas, including having an entirely independent board and no reported material diversion of assets.
The nonprofit's commitment to transparency is evident through its established policies, such as conflict of interest, whistleblower protections, and document retention, all of which contribute to its credibility. Additionally, the organization demonstrates effective financial management with a program expense ratio of 82.27%, indicating that a significant portion of its resources is dedicated to its mission-driven programs.
While the overall rating is impressive, the high liability to assets ratio of 41.76% may warrant attention, suggesting some financial risk. However, the strong governance and ethical practices in place help mitigate concerns, positioning Cmarc West Street Inc as a reliable nonprofit in its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Cmarc West Street Inc legitimate?
Cmarc West Street Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cmarc West Street Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
What is the mission statement of Cmarc West Street Inc?
Cmarc West Street Inc's mission is geared towards offering affordable housing solutions, specifically tailored for individuals with developmental disabilities. The organization focuses on providing a home-like environment that caters to the needs of five residents. Their goal is to ensure that these individuals receive supportive and affordable housing, enabling them to live with a sense of dignity and independence.
Who is the CEO of Cmarc West Street Inc?
Tyler Gates is the Treasurer of Cmarc West Street Inc.
What is the revenue of Cmarc West Street Inc?
Cmarc West Street Inc's revenue in 2022 was $35,651.
Who are the executives of Cmarc West Street Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for Cmarc West Street Inc?
Cmarc West Street Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Cmarc West Street Inc
Cmarc West Street Inc, a non-profit organization, is dedicated to making a significant difference in the lives of developmentally disabled individuals. Its mission is centered around providing affordable housing, serving as a safe and supportive environment for five individuals. This organization strives to create a community where these individuals can thrive, fostering a sense of belonging and independence. By offering affordable housing, Cmarc West Street Inc is contributing to the overall well-being of its residents, providing them with a place to call home.
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Impact
June, 2024
Cmarc West Street Inc's impact lies in its provision of affordable housing for developmentally disabled persons. Specifically, the organization operates a group home in Woburn, Massachusetts, serving five individuals. By doing so, Cmarc West Street Inc directly addresses the critical need for suitable and supportive living arrangements for individuals with developmental disabilities, thereby promoting their mental health and overall well-being.
This information is meant to be a general summary of Cmarc West Street Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $11
- Program Service Revenue: $21,740
- Gross Receipts: $35,651
Assets and Liabilities:
- Total Assets: $477,071
- Total Liabilities: $206,301
- Net Assets: $270,770
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Organization Details
Phone
(781) 935-7057Principal Officer
Tyler Gates
Main Address
147 NEW BOSTON STREET, WOBURN, MA, 01801
NTEE Category
Code: F33 - Mental health
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